YesHave you ever declared bankruptcy?

Further, any bankruptcy filing automatically stays foreclosure, the mere filing will stay the foreclosure the usual 90 days the debtor has to come up with a preliminary plan, a 60 day extension after that would usually be granted by the court.  

Originally posted by @Matthew Paul:Tell the seller to file for bankrupcy , that will put a hold on the foreclosure .Wow, not something I would consider, who am I to tell the seller to file for bankruptcy?  

I'm also interested in bankruptcy, absentee owners, divorce, owners looking to sell off their rentals, probate etc.

A quick search indicates that if I have a history of credit problems and a very recent bankruptcy, my credit score should be a little over 500. 

Unless you have objectionables like a foreclosure, bankruptcy, etc getting a hard money loan shouldn't be a problem.

Also important to note is the max seller credit with FHA goes up to 6% (or total closing costs & escrows whichever is less) VS 3% for conventional financing.In addition to that, FHA allows people with foreclosure, bankruptcy, short sale, & deed of lieu to be sooner after a derogatory credit event than a conventional loan will. 

And then get all that, then the borrower declare bankruptcy and you have a whole new set of rules. 

These people receive 50-100 letters every week from bankruptcy attorneys, foreclosure defense attorneys, shortsale negotiators, real estate brokers and real estate investors.

He told me that unless I can do better, his client is going to tie the property up in bankruptcy for as long as possible and not pay me.